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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Office Spaces
8468 Caratoke Hwy, Powells Point, NC 27966-9778
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5759121
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2008
Total area
5,120 SF
Lot
0.12 ac (5,227 SF)
Zoning code
GB
APN
124G00003000000
UPID
US53-5759121
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RE/MAX Coastal Associates Real Estate Agency
-
Jenn Musto- Broker Owner of Salted Pines Real Estate Real Estate Agency
-
Christi Wanstreet, Outer Banks Real Estate Real Estate Agency
-
Julie Santo Realtor Real Estate Agency
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Dean M Wilkinson JR. · 10 yrs held
Dean M Wilkinson JR.
since 2016
4 recorded transactions
Zoning & alternative use
GB · Powells Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Powells Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powells Point submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,798
Tax year 2023
Assessed value
$678,300
Assessed 2023
Previous assessed
$678,300
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$51,200
Assessed improvement
$627,100
Land market value
$51,200
Improvement market value
$627,100
Total market value
$678,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2008
Heating
NONE
Stories
2
Units
1
Total area
5,120 SF
Lot
0.12 ac (5,227 SF)
Zoning code
GB
APN
124G00003000000
UPID
US53-5759121
Jurisdiction
CURRITUCK
Zoning & alternative use
GB · Powells Point, NC
Zoning GB · permitted uses
GB · Powells Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Powells Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
2
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Dean M Wilkinson JR.
Individual
Mailing address
206 BRIGANTINE CIR, NORWELL, MA 02061-2826
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2016
$475,000
Dean M Wilkinson JR.
Rose Brothers LLC
Deed
$380,000 · Yadkin Bank
Mar 11, 2013
$450,000
Farmers Bank Windsor Virginia
Hobbs Robert B JR
Trustees Deed
—
Sep 18, 2007
$1,152,000
Powells Pointe One LLC
Rava Devs LLC
Warranty Deed
$1,117,000 · Suffolk First Bank
—
—
Powells Pointe One LLC
—
Deed Of Trust
related
$1,125,000 · Farmers Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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